Active
2 Days on market
38 Bonavesta St Lynn — Photo 1 of 30

38 Bonavesta St Lynn — Photo 1 of 30

$579,000

38 Bonavesta St, Lynn, MA 01905

Lynn, MA 01905

Investor Analysis

Beds

2

Baths

1

SqFt

1,385

Style

Single Family

Built

1953

First time ever on the market! Welcome to 38 Bonavesta Street, a well-loved ranch in Lynn’s desirable Lynnhurst neighborhood, just minutes from the Saugus line and Route 1. Owned and cared for by the same family since it was built, this home offers comfort, convenience, and thoughtful updates throughout. Enjoy central air, a newer roof (2019), a brand-new heating system (2026), recently updated flooring, and appliances just two years old. A low-cost solar lease currently offsets 100% of the home’s electricity usage. The finished lower level offers valuable additional living space, while outside you’ll find a fully fenced, grassy backyard perfect for relaxing, entertaining, or play. Complete with a one-car garage and set in an established neighborhood off Walnut Street, this is a special opportunity to make a truly cared-for home your own.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$418/sqft
Local Avg (Lynn)$424/sqft
1% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$579,000
Annual Taxes$5,717

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringCarpet, Laminate
BasementFinished, Garage Access

Climate & Utilities

HeatingHot Water, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.12
SqFt Lot5,401
Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer/Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2
Basement
Family Room
Living Room
Lvl First

17 x 12

Flooring - Wall to Wall Carpet

Dining Room
Lvl First

7 x 11

Lighting - Pendant

Kitchen
Lvl First

8 x 11

Countertops - Upgraded

Family Room
Lvl Basement

18 x 24

Primary Bedroom
Lvl First

14 x 12

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

8 x 10

Population

28,221

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

48.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 693 sq ft (the lesser of 900 sq ft or half the 1,385 sq ft principal dwelling). Lot size: 5,401 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Kallyta Oliveira

Listing Office: Lyv Realty

MLS® Number: 73582514

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